Thursday, 27 September 2012

AUD RBA next week. 65% chance of a cut

Rates market are pricing in a 65% chance of RBA cutting interest rates next week.

Next week will be a busy week for AUDUSD.

Over the weekend, we also have CHINA PMIs numbers. If it turns out bad I think we could see AUDUSD gapping lower on monday.

Good luck all!
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1 comment:

  1. Effexlive27 September 2012 at 21:00

    China PMI expectation to be below the 50 level at 49.2.

    So lets see.

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